President Buhari Promises More Funds To States To Reduce Financial Crisis

President Muhamamdu Buhari has promised to make more funds available to the state governments, most of which are finding it difficult to pay salaries of workers on their payroll.

Buhari, who made the pledge at a meeting with the governors at the presidential villa, Abuja, said the funds would be disbursed through the refund of money spent by the states on the maintenance of federal roads and other expenditure they incurred on behalf of the federal government.

The president, however, asked the governors to be mindful that there was a limit to the financial assistance they could get from the federal government, which according to him has its own funding problems.

Buhari who expressed concern over the inability of most of the 36 states to pay salaries despite the earlier bail-out funds, said he was worried over the hardships facing workers and their families over the non-payment of salaries.

He said the presidency would set up an inter-ministerial committee, to study the fiscal restrucutring plan presented by the Nigeria governors forum, makes recommendations on how it could be dealt with by the federal government, the federal executive council and legal backing by the national assembly

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